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When Mayor Steve Bach was campaigning last spring, his business-friendly platform included vows to create jobs, streamline the development review process and end the business personal property tax. Continue Reading Bach supporters are many, despite stagnation

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The federal government is launching a $26 million challenge to manufacturers to foster innovation and job creation through public-private partnerships. The hope is the challenge will help entice private capital to projects that oculd promote cluster-based development in regions across the United States. The government wants to build on the momentum within the manufacturing sector,… Continue Reading Government launches $26 million innovation challenge

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New film incentives in Colo. to become law

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  A measure to increase tax rebates an incentives for film production in Colorado will be signed into law.   The new law will increase the tax incentive the state gives production companies from 10 percent to 20 percent. The refund is given to filmmakers to help offset costs for in-state expenditures.   Colorado’s new… Continue Reading New film incentives in Colo. to become law

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In some ways, the local economy is showing its strongest performance since bottoming out in February 2009, but there are still concerns about employment and real income, according to the Southern Economic Forum’s quarterly update. The regional manufacturing index is up 43 percent since the recession and consumer confidence is up 19 percent. Economists at… Continue Reading Local economy improving, but employment and income lag

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Expectations high for new Chamber/EDC CEO

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Joe Raso started his job Monday as the first CEO of the newly merged Colorado Springs Chamber and Economic Development Corp. — and he has his work cut out for him. Continue Reading Expectations high for new Chamber/EDC CEO

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Drake Power Plant’s days could be numbered. But it could be decades before the familiar plumes of steam no longer dominate the downtown landscape. The Colorado Springs Utilities Board of Directors – essentially, City Council – asked the utilities staff to study the feasibility of de-commissioning Drake, the coal-fired power plant. Tentatively, the study will… Continue Reading Utilities to study options for Drake power plant

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Outgoing Colorado Springs Chamber of Commerce CEO Dave Csinytan isn’t planning on leaving town – but he is weighing his opportunities carefully. Csintyan lost his position with the chamber when it merged with the Colorado Springs Economic Development Corp., and the group launched a national effort to find a new CEO. Csintyan was a finalist,… Continue Reading Csintyan: Staying in Springs, staying involved

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Thanks to a state effort, the Pikes Peak Workforce Center added more than $2 million to the local economy and helped 837 people find job training. The Colorado Enhanced Approved Training Program allows people in the state who are receing unemployment benefits to receive 50 percent more a week if they are attending a traning… Continue Reading Workforce program adds $2 million to local economy

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A Colorado Springs middle school and a university professor are experimenting with a physics program that could revolutionize the region’s future workforce. Continue Reading UCCS, school districts, manufacturers teaming to develop workforce

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